Reminder - TCW Strategic Income Fund (TSI) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/29/15, TCW Strategic Income Fund (TSI) will trade ex-dividend, for its quarterly dividend of $0.048, payable on 1/8/16. As a percentage of TSI's recent stock price of $5.34, this dividend works out to approximately 0.90%, so look for shares of TCW Strategic Income Fund to trade 0.90% lower — all else being equal — when TSI shares open for trading on 12/29/15.

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Below is a dividend history chart for TSI, showing historical dividends prior to the most recent $0.048 declared by TCW Strategic Income Fund:

TSI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TSI is likely to continue, and whether the current estimated yield of 3.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TSI shares, versus its 200 day moving average:

TCW Strategic Income Fund 200 Day Moving Average Chart

Looking at the chart above, TSI's low point in its 52 week range is $5.00 per share, with $5.54 as the 52 week high point — that compares with a last trade of $5.32.

In Monday trading, TCW Strategic Income Fund shares are currently trading flat on the day.

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